It takes a while for things to start working when the market gets new info, when firms go under, when trades are losers for big players… (FTX)

They cascade, they gather more interest and they go under with more volatility and less liquidity as its spread among all assets.

Look at history for the failures that took time to develop. The markets have plenty of examples that things dont happen overnight.

So, the trading Im expecting into next year will be the toughest for those that cant day trade with a system to extract a profit, cant understand when to use $UVXY, when to stay away or when to go all in.. well, without these skills its going to be tough to show a profit.

Next year is the trader’s year.

A trader’s plan for the new year:

• learn how to select cyclically weak stocks using scans for THAT MORNING

• learn to trade the NY open with confluence and expectation of powerful moves

• learn how the 160 minute cycle works on stocks

• learn to use UVXY 0.00 when youre wrong, right or hesitant.

• learn to use teamwork and train another trader or collaborate with another trader

• get out of all positions, and start over fresh

• learn to follow the 80 day cycle on stocks

• learn how peaks form on commodities

• be content with a small improvement; measured and realizable

Do something different to get different results

Share

Derek